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Opportunity Costs (the "Price" of Missed Opportunities) Explained in One Minute

One Minute Economics 121 views

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Comment from : @georgiakritikos4955

Economic OPPORTUNITY ❤does not prey on others vulnerabilities, 🎬🎥💯❤️ALL EYES ON PREDATORS AMERICANS ESPECIALLY WHEN THEY PREY ON OUR ELDERS & CHILDREN
Comment from : @georgiakritikos4955

The concept of opportunity cost is useful BUT in a sense, it isn’t real because it only becomes conceptual under comparison The “I WOULD have made more money IF I did xyz instead of abc” is never actually realized so who knows if it’s true? Yes, you WOULD have IF you did, but who is to say that you WOULD have done abc if you didn’t do xyz? You might have done efg!! It’s an unfalsifiable concept in practice, but it is a only useful when deciding which opportunity to invest in right here and now it’s completely useless to look into the past in order to argue what you have lost
Comment from : @toughbiblepassages9082

Anda boleh memilih untuk salah satu daripada hadiah di atas
Comment from : @oskarpuka6037

I liked how you utilized real life events to give examples about the term opportunity cost, and it really helped me to understand the concept of it But im not sure why cars are such not valuable compared to houses The video looks very concise and easy to understand! Maybe it would be better if the formal definition of opportunity cost was demonstrated
Comment from : @kityyyue3276

A missed job opportunity depending what it is, the cost tends to be high I worked in human resources and I was CFO and COO for 16 years for a conglomerate Lots of employees came to this company and left and tried to come back But my boss has a very strict policy that says if you leave this company you don't return to work here ever againbrbrMost want to come back because other places don't pay like my boss that includes high benefits I personally left the company for 3 years I regret it alot I mean alot after I left but so far I am the only one who he has hired again I got a second chance to redeem myself after I ruined the first runbrbrI could have gone to jail but my boss decided to send me home, but I instead resigned but I learned my lesson Is never rule over your boss he's there for a reason I personally thought I had the power to over rule his decisions because I was his first employee 💪😁😅brbrI was wrong But I am happy that he still wants me aroundbrbrGot my three previous positions again with double of my salary I got unlimited vacation days Previously he gave me only 90 days Others only get 15 days max Yay
Comment from : @sniezka7242

I regret this job I was looked for In 2018 I got paid $34,000 annually and the job I got offered $88,000 annually It's long story but if I would followed up this request I would have ended up being the Chief Financial Officer of the company in 2021 earning some high salary Now I am stuck with this stupid stressful job and I get paid very little for itbrbrI wish I had a time machine and remembered who was texting me And I would have answered, "What's up bro how's it's been?" instead of blocking him and threatening to report him to the policebrbrThe job got it his former high school schoolmate I was his elementary and middle school schoolmate
Comment from : @sexy_tanjiro8878